PLI schemes worth Rs 10,738cr for solar PV & white goods approved | Industry News Today

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PLI schemes worth Rs 10,738cr for solar PV & white goods approved | Industry News Today

Let’s take a quick look at the headlines:

📰 PLI schemes worth Rs 10,738 crore for solar PV and white goods approved
The Union Cabinet, chaired by Prime Minister Narendra Modi, approved the Production Linked Incentive Scheme for high-efficiency solar PV modules and LED and air conditioners with a budgetary outlay of Rs. 10,738 crore.

📰 Ashok Leyland strengthens its footprint in green transport solutions
Ashok Leyland, through its subsidiary Switch Mobility Ltd – the U.K. based EV producer of buses and vans, announced its global expansion plans into India and its plan to create two subsidiary companies. The first, Switch Mobility Automotive Ltd, is being formed to carry on the EV strategy in India, which forms part of its global entity. The second is OHM Global Mobility Private Ltd, which will focus on providing Mobility as a Service offering.

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